Stellantis plans to produce an industry-first pickup for its Ram Trucks brand that’s equipped with an onboard gas engine and electric generator. The truck can operate as a zero-emissions EV until the vehicle’s battery dies […]
November 7, 2023 Data source: U.S. Energy Information Administration, Short-Term Energy Outlook (STEO) We forecast that the United States will generate 14% more electricity from solar energy than from hydroelectric facilities in 2024, according to […]
Newmont Corp. (NYSE: NEM) plans to raise $2 billion in cash through mine sales and project divestments following the acquisition of Australia’s Newcrest Mining. The approximately $15 billion deal was completed on Monday. The acquisition […]
Iran has urged OPEC members to halt oil exports to countries supporting Israel, echoing the 1973 oil embargo, which dramatically increased oil prices and altered global economies. The call for an embargo is a response […]
The other evening, I was a panellist at an event bringing together energy companies, investors, bankers and other interested parties, to discuss the ways in which companies and investors communicate on issues relating to the […]
China Petroleum & Chemical Corporation (Sinopec) achieved a significant milestone on November 2, 2023, as they officially put into service the world’s largest LNG storage tank at their Qingdao LNG Receiving Terminal. With a staggering storage […]
7 Nov, 2023 09:52 HomeBusiness News The country’s GDP data for Q3 is due later this week, but analysts suggest all signs point to a contraction The UK is likely already in a recession due […]
Authored by Daniel Lacalle, The Eurozone economy is more than weak. It is in deep contraction, and the data is staggering. The Eurozone Manufacturing purchasing managers’ index (PMI), compiled by S&P Global, fell to a […]
By Tsvetana Paraskova of OilPrice.com, The European oil and gas majors, which are also the world’s top LNG traders, reported a mixed bag of third-quarter results, with some beating or meeting estimates and others missing […]
Yahoo Finance (Bloomberg) — Oil gained after Saudi Arabia and Russia reaffirmed they will stick with oil supply curbs of more than 1 million barrels a day through the end of the year. West Texas Intermediate […]
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